More than 60 members of Congress joined banks and credit union trade groups this week in urging the agency to modify its plan to require members of the 12 regional Home Loan Banks to hold a certain percentage of mortgages on their books. News
Premier Consulting Group settled CFPB charges on Thursday, a month after another debt settlement firm's case closed with a nine-year prison sentence for its owner. Collection & Credit Risk
Account Control Technology Inc. has been recognized as the No. 1 private collection agency on the U.S. Department of Education's unrestricted contract for the quarter ending September 30. Collection & Credit Risk
A Georgia-based collection agency and seven employees are facing fraud charges after a federal investigation revealed tactics that prosecutors believe convinced more than 6,000 people to pay the firm an estimated $ 4.1 million in purported debts, according to a criminal complaint filed Tuesday. Collection & Credit Risk
WASHINGTON -- The Consumer Financial Protection Bureau issued a statement Thursday saying a Supreme Court decision issued earlier that day involving presidential recess appointments did not have any impact on the agency's previous rulemakings. Collections - Other Consumer
The U.S. Department of Education named ConServe, formally known as Continental Service Group Inc., as the top performing private collection agency on the department's contract for the first quarter ending March 31. Collections - Other Consumer
